Thursday 23rd September 2021

Home » Featured Today » Currently Reading:

Cardinal Becciu And Nine Others… Why Has A Vatican Judge Ordered Them To Stand Trial?

July 14, 2021 Featured Today No Comments

By HANNAH BROCKHAUS

VATICAN CITY (CNA) — The Vatican’s court announced Saturday, July 3 that it had indicted 10 individuals, including Angelo Cardinal Becciu, on charges including abuse of office, embezzlement, and fraud, and that a trial will begin July 27.
What is the story behind the trial?
And what are the backgrounds of the 10 people who have been charged?
What is the trial about?
The trial is the result of a two-year investigation by Vatican prosecutors into allegations of financial malfeasance, mostly in connection with an investment made by the Secretariat of State in a London property.
According to prosecutors, during the Secretariat of State’s years-long purchase of the London building, people employed by the Vatican, or doing business with it, worked to defraud the city state for their own financial gain.
The prosecution has collected 500 pages of documentation and evidence it will present at trial. According to a summary by Vatican News, investigators claim the fraud involving the London property began when the building’s value was grossly overestimated in discussions with the Secretariat of State at 350 million pounds (around $483 million) — and the secretariat agreed to the purchase price.
Who are the defendants?
Defendants in the finance trial include two Italian businessmen, an investment manager, a lawyer — and the two Vatican employees who allegedly colluded with them.
Becciu, who was the second-ranking official at the Secretariat of State from 2011 to 2018, has also been indicted. In addition to facing charges of embezzlement, he is accused of attempting to mislead and interfere with the financial investigation.
A woman to whom Becciu paid more than $650,000 in secretariat funds for “security” work has also been charged, along with the former heads of the Vatican’s internal financial watchdog, who investigators say “overlooked the anomalies of the London transaction” despite having information about the purchase.
Four corporations are also included in the indictment.
But didn’t Vatican officials authorize the London property deal at every stage?
Vatican authorities, such as Secretary of State Pietro Cardinal Parolin and sostituto Archbishop Edgar Pena Parra, did sign off at various points in the deal, but they were deceived by others who presented them with false or partial information, prosecutors argue.
According to the Vatican News report, they say that Msgr. Alberto Perlasca, the secretariat official who signed the share purchase agreement, and his superiors, had not been “effectively informed to be fully aware of the juridical effects that the different categories of actions would cause.”
When did this get uncovered and why didn’t it happen sooner?
The Vatican investigation started in the summer of 2019, after the IOR (commonly called the “Vatican bank”) and the auditor general’s office presented allegations of serious crimes such as fraud, extortion, embezzlement, corruption, aiding and abetting, and blackmail in the Secretariat of State.
The auditor general noticed that 77 percent of the Secretariat of State’s portfolio was concentrated in the Swiss investment bank Credit Suisse and that donated funds earmarked for charity, or to support the work of the Roman Curia, may have been invested in “high-risk financial activity.”
Despite Pope Francis’ financial reforms, at the time investigations began, the Secretariat of State had control over large sums of money, including money intended for investment, with little outside oversight.
When investigations uncovered probable malfeasance, Pope Francis ordered that responsibility for investments should be taken away from the Secretariat of State.
In its report on the Vatican, published in June after an October 2020 on-site inspection, the financial watchdog Moneyval noted that there was still a significant level of risk for abuse of office for personal benefit and money laundering by mid-level and senior-level Vatican figures.
It added that cases such as the London property deal had “raised a red flag for potential abuse” of the Holy See and Vatican City State’s systems by personnel.
Moneyval said that, though positive actions had been taken since 2014, they were not addressed with the General Risk Assessment, “which raises some concerns as to the degree to which these matters are formally recognized and acknowledged by all authorities.”
The Moneyval Report also pointed out the Vatican’s weak record on convictions for financial crimes, and suggested that sanctions had not been “proportionate and dissuasive.”
The Vatican’s prosecuting judges claim that two of the defendants in this month’s trial, René Brulhart and Tommaso Di Ruzza, should have noticed some problems sooner in their former capacities as president and director of AIF (the Financial Information Authority, now called the ASIF).
The main prosecutor, the documents say, “believes that AIF’s behavior in the persons of its director and president seriously violated the basic rules governing supervision.” The prosecutor argues that AIF would have known that a payment made to businessman Gianluigi Torzi, a sum allegedly received through extortion, was not legitimate.
How have the accused responded?
In a statement made through his lawyer July 3, Becciu said that he is innocent of the charges brought against him and is a victim of “machinations” and media derision.
The trial will be “the moment for clarification,” he said, adding that he believed that the court would uncover “the absolute falsity of the accusations against me and the dark plots that evidently supported and fed them.”
René Brulhart, former president of the AIF, issued his own statement July 3, stating his confidence that the trial would show “the truth about my innocence.”
“I have always carried out my functions and duties with correctness, loyalty, and in the exclusive interest of the Holy See and its organs,” he said. “I face this matter with serenity in the conviction that the accusations against me will fully disappear.”

Share Button

2019 The Wanderer Printing Co.

Twitter Feed

Pro-Life Group Calls for Removing Fauci After He's Caught Funding Aborted Baby Parts - https://t.co/kqxQXGgoG8

LifeNews.com - The Pro-Life News Source

.

LifeNews.com

Load More...

Federal judge rules in favor of Gov. DeSantis’ mask mandate ban

MIAMI (LifeSiteNews) – A federal judge this week handed Florida Republican Gov. Ron DeSantis another legal victory on his mask mandate ban for schools. On Wednesday, Judge K. Michael Moore of the Southern District of Florida denied a petition from…Continue Reading

The Eucharist should not be received unworthily, says Nigerian cardinal

Priests have a duty to remind Catholics not to receive the Eucharist in a state of serious sin and to make confession easily available, a Nigerian cardinal said at the International Eucharistic Congress on Thursday. “It is still the doctrine…Continue Reading

Donald Trump takes a swipe at Catholics and Jews who did not vote for him

Donald Trump complained about Catholics and Jews who did not vote for him in 2020. The former president made the comments in a conference call featuring religious leaders. The move could be seen to shore up his religious conservative base…Continue Reading

Y Gov. Kathy Hochul Admits Andrew Cuomo Covered Up COVID Deaths, 12,000 More Died Than Reported

When it comes to protecting people from COVID, Andrew Cuomo is already the worst governor in America. New York has the second highest death rate per capita, in part because he signed an executive order putting COVID patients in nursing…Continue Reading

Prayers For Cardinal Burke . . . U.S. Cardinal Burke says he has tested positive for COVID-19

VATICAN CITY (CNS) — U.S. Cardinal Raymond L. Burke said he has tested positive for the virus that causes COVID-19. In an Aug. 10 tweet, he wrote: “Praised be Jesus Christ! I wish to inform you that I have recently…Continue Reading

Democrats Block Amendment Banning Late-Term Abortions, Stopping Abortions Up to Birth

Senate Democrats have blocked an amendment that would ban abortions on babies older than 20 weeks. During consideration of the multi-trillion spending package, pro-life Louisiana Senator John Kennedy filed an amendment to ban late-term abortions, but Democrats steadfastly support killing…Continue Reading

Transgender student wins as U.S. Supreme Court rebuffs bathroom appeal

WASHINGTON (Reuters) -The U.S. Supreme Court on Monday handed a victory to a transgender former public high school student who waged a six-year legal battle against a Virginia county school board that had barred him from using the bathroom corresponding…Continue Reading

New York priest accused by security guard of assault confirms charges have now been dropped

NEW YORK, June 17, 2021 (LifeSiteNews) — A New York priest has made his first public statement regarding the dismissal of charges against him.  Today Father George W. Rutler reached out to LifeSiteNews and other media today with the following…Continue Reading

21,000 sign petition protesting US Catholic bishops vote on Biden, abortion

More than 21,000 people have signed a letter calling for U.S. Catholic bishops to cancel a planned vote on whether President Biden should receive communion.  Biden, a Catholic, supports abortion rights and has long come under attack from some Catholics over that…Continue Reading

Bishop Gorman seeks candidates to fill two full time AP level teaching positions for the 2021-2022 school year in the subject areas of Calculus/Statistics and Physics

Bishop Thomas K. Gorman Regional Catholic School is a college preparatory school located in Tyler, Texas. It is an educational ministry of the Catholic Diocese of Tyler led by Bishop Joseph Strickland. The sixth through twelfth grade school provides a…Continue Reading

Vatican observes ‘Earth Hour’

On Saturday, along with the Vatican, symbolic monuments of cities all across the globe turn off their lights, to demonstrate the serious global climate crisis. By Vatican News staff writer Vatican City State took part in the traditional international initiative Earth…Continue Reading

House passes bill setting up path to citizenship for millions of Dreamers

Lawmakers in the House of Representatives on Thursday passed an immigration bill that would create a path to citizenship for millions of undocumented immigrants who were brought to the country as children.

Untitled 5 Untitled 2

Attention Readers:

  Welcome to our website. Readers who are familiar with The Wanderer know we have been providing Catholic news and orthodox commentary for 150 years in our weekly print edition.


  Our daily version offers only some of what we publish weekly in print. To take advantage of everything The Wanderer publishes, we encourage you to su
bscribe to our flagship weekly print edition, which is mailed every Friday or, if you want to view it in its entirety online, you can subscribe to the E-edition, which is a replica of the print edition.
 
  Our daily edition includes: a selection of material from recent issues of our print edition, news stories updated daily from renowned news sources, access to archives from The Wanderer from the past 10 years, available at a minimum charge (this will be expanded as time goes on). Also: regularly updated features where we go back in time and highlight various columns and news items covered in The Wanderer over the past 150 years. And: a comments section in which your remarks are encouraged, both good and bad, including suggestions.
 
  We encourage you to become a daily visitor to our site. If you appreciate our site, tell your friends. As Catholics we must band together to rediscover our faith and share it with the world if we are to effectively counter a society whose moral culture seems to have no boundaries and a government whose rapidly extending reach threatens to extinguish the rights of people of faith to practice their religion (witness the HHS mandate). Now more than ever, vehicles like The Wanderer are needed for clarification and guidance on the issues of the day.

Catholic, conservative, orthodox, and loyal to the Magisterium have been this journal’s hallmarks for five generations. God willing, our message will continue well into this century and beyond.

Joseph Matt
President, The Wanderer Printing Co.

Untitled 1

Catechism

Adopt A Center

Today . . .

Abortion On Demand Act . . . House Set to Vote Friday on Massive Abortion Bill

CV NEWS FEED // Democrats in the House of Representatives will vote Friday to pass legislation that would enshrine the “right” to abortion in federal law. The “Women’s Health Protection Act,” which Republican opponents have dubbed the “Abortion On Demand Act,” would preemptively destroy all future state-level legislation to protect the unborn.  If the bill passes the House, it is not expected to pass the Senate, where it would need a 60-vote supermajority to overcome…Continue Reading

Federal judge rejects Biden admin’s demand to block Texas abortion ban before hearing

A federal judge has blocked Joe Biden’s emergency request to stop the Texas abortion ban, which has saved anywhere between 1,500 and 2,000 babies from abortion. The Texas heartbeat law went into effect Sept. 1, prohibiting abortions once an unborn baby’s heartbeat is detectable, about six weeks of pregnancy. Unique from other state heartbeat laws, the Texas law includes a private enforcement mechanism that allows people to file lawsuits against abortionists who violate the law…Continue Reading

Archbishops criticize ‘outrageous’ claims against St Junipero Serra

A California bill to replace a statue of St. Junipero Serra at the state capitol unfairly slanders the saint’s legacy, two archbishops claimed in a Wall Street Journal op-ed published Sunday, Sept. 12.  Last month, California lawmakers voted overwhelmingly to pass Assembly Bill 338, which would replace the statue of St. Junipero Serra at the state capitol with one honoring local Indigenous populations. The bill text claims that 

Catholic health ministry head decries ‘unjust’ federal vaccine mandate

President Joe Biden on Thursday announced a federal COVID-19 vaccine mandate for many private employers, drawing criticism from the head of one Catholic health care ministry. “Coercing individuals into making a medical intervention is unjust,” said Louis Brown, executive director of the Christ Medicus Foundation and former acting deputy director of the Civil Rights Division of the HHS Office for Civil Rights, in an interview with CNA on Thursday. “And a vaccine mandate that could…Continue Reading

Archbishop Cordileone raises issue of excommunication for abortion advocates

Washington, D.C. Newsroom, Sep 5, 2021 / 18:07 pm Calling abortion “the most pressing human rights challenge of our time,” Archbishop Salvatore J. Cordileone on Sunday invoked the excommunication of prominent Catholic segregationists in the early 1960s as an example of a legitimate response to Catholics politicians who support “a great moral evil.” In an op-ed published in the Washington Post, the leader of the Archdiocese of San Francisco pushed back against recent statements by Catholic politicians…Continue Reading

The Enduring Path To Financial Health: Graduate, Work, Marry And Have Children

By TERENCE P. JEFFREY The basic path to financial success in this country has been revealed once again by the Census Bureau’s annual report on income and poverty, which was released this week. What did it show?People who graduate from college, get a job, get married and have children generally earn more money than those…Continue Reading

Our Vindictive Culture

By REY FLORES We have all known political correctness as a way of life for years now. It seems that everyone gets offended by one thing or another, but as we spiral out of control into the unknown future, it’s no longer about pointing out political incorrectness — today it’s about punishing the accused in…Continue Reading

If Dems Trample U.S. Into The Dust … They’ll Have Cleared The Ground To Build New Dictatorship

By DEXTER DUGGAN PHOENIX – Like many other people who don’t determine the priorities for coverage by dominant left-wing media, conservative pundit Bill Bennett was puzzled at irrational behavior in Joe Biden’s proclaimed steely fight against the COVID virus.Commenting that 40,000 people a week come up to the southern border, Bennett said, “If this is…Continue Reading

A Philadelphia Lawyer In The Garden Of Eden

By DONALD DeMARCO There was no moment in the annals of biblical history, if we are to give full rein to our imagination, when the presence of a lawyer was more urgently needed than immediately after Adam and Eve ingested the forbidden fruit. His absence was most keenly felt, for he was not there to…Continue Reading

Who and What Is Tearing the US Apart?

By PATRICK J. BUCHANAN In Shanksville, Pennsylvania, on Saturday, September 11, former President George W. Bush’s theme was national unity — and how it has been lost over these past 20 years.“In the weeks and months following the 9/11 attacks,” said Bush, “I was proud to lead an amazing, resilient, united people. When it comes…Continue Reading

Advertisement

Our Catholic Faith (Section B of print edition)

The Exorcistic Effect… Of The Word Of God

By MSGR. CHARLES POPE (Editor’s Note: Msgr. Charles Pope posted this commentary on September 8 and it is reprinted here with permission. His blog is found at https://msgrpope.com/.) + + Many often think of exorcism only in relation to driving out demons from possessed people using ancient prayers. But, truth be told, we all have afflictions, oppressions, temptations, and other…Continue Reading

Love God With Your Whole Heart

BY FR. ROBERT ALTIER Twenty-Sixth Sunday In Ordinary Time (YR B) Readings: Numb. 11:25-29James 5:1-6Mark 9:38-43; 45, 47-48 In the Gospel reading today our Lord tells us that if our hand or foot causes us to sin, cut it off; if our eye causes us to sin, pluck it out. Obviously, our hand, foot, or eye cannot be the cause…Continue Reading

Catholic Replies

Editor’s Note: If the following lessons, which were prepared for Confirmation students, are of value to you, put them to whatever use you can. We will continue to welcome your questions for the column as well, so please send them along, either to the postal mailing address or the email address below, and we will interrupt this series to answer…Continue Reading

The Beating Heart Of Texas

By FR. KEVIN M. CUSICK When it comes to legalized baby killing, also known as abortion, untold numbers of Catholics are languishing spiritually under what I’ll call the “Biden delusion.” Some of them would begin to explain it by stating, “I’m personally opposed, but….”For a few years now Biden has survived politically as a Democrat, while claiming to be Catholic,…Continue Reading

Vatican’s Synod On Synodality . . . Will Consult Non-Catholics, Lapsed Catholics

By MICHAEL HAYNES VATICAN CITY (LifeSiteNews) — The Vatican has revealed that the “decisive” process of the two-year Synod on Synodality will be based on “listening” to “people who have left the practice of the faith” and on “inter-religious dialogue.”At a Vatican press conference September 7, Mario Cardinal Grech, secretary general of the General Secretariat of the Synod of Bishops,…Continue Reading

Catholic Heroes . . . St. Nicholas Owen

By DEB PIROCH First you see him…and then you don’t. Dangerous times call for dangerous measures. During the reign of Elizabeth I and James I of England, St. Nicholas Owen was the expert at creating what became known as “priests’ holes,” or secret hiding spots for clergy. Located in the homes of wealthy recusant Catholics, these were hidden compartments or…Continue Reading

Catholic Heroes . . . St. Mariam Of Jesus Crucified

By DEB PIROCH Her parents had tried so hard to have a child. Again and again they had a little boy, one after the other dying in infancy. After losing 12 boys, Mariam’s mother said to her father: Let’s go to the Holy Grotto in Jerusalem and pray to the Blessed Virgin to intercede for a girl.Mariam’s parents were Greek…Continue Reading

Advertisement(2)